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jennys_mn
Veteran Advisor

Re: Should we be selling beans to these guys?

Then get Americans who make 10 dollars an hour, to buy that $15.00 shirt.  

Republicans are as much, OR MORE, to blame for moving the jobs overseas.  They saw they could make more money overseas, make the product, and ship it back.

Americans saw a decrease in pollution, and a move to their “service based” economy.  

Where the US made its mark on the world, was in raping our country of its resources.  Oil, lumber, coal, iron.  We had these things cheap - and were the worlds cheapest producer.  Now, as these resources dwindle, or the “easy and cheap” methods of getting them go away, the only “cheap” resource we really have left, is our farm produce.  And it gets cheaper and cheaper, as the world would rather pay more, than buy anything from the US.

And I can’t blame them.  There are ways to negotiate that don’t piss off those you’re trying to deal with.   Trump has “pissed off” the world.  Trump wanted to make America First. He’s got it.  America First - And Only.   It’s hard for America to trade with herself....

Republicans can’t win an election, without lying....

Jen

BA Deere
Honored Advisor

Re: Should we be selling beans to these guys?

Jen wrote "Then get Americans who make 10 dollars an hour, to buy that $15.00 shirt. " 

The $10/hr people are working 2 part time jobs at the Quickee Mart because their father & grandfather`s factory moved overseas 20 years ago.  The father made $20/hr plus benefits 25 yrs ago, he paid for a house, and could afford $15 shirts, today the son probably can`t afford the $5 Dollar General shirt, it goes on the Visa card.

The Neo-cons that you Democrats used to purport to hate, now you`re all "Adam Smith free trader/traitors" ONLY because we now have a POTUS that is doing the right thing....though I`d argue he should be even tougher with the full backing of Congress!   Then it would be surprising how fast things would turn around.  As it is now, the Chinese are "running down the clock"..election.

https://en.wikipedia.org/wiki/Bretton_Woods_system 

 

snip

The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan after the 1944 Bretton Woods Agreement. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states. The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained its external exchange rates within 1 percent by tying its currency to gold and the ability of the IMF to bridge temporary imbalances of payments. Also, there was a need to address the lack of cooperation among other countries and to prevent competitive devaluation of the currencies as well.

U.S. Trade Balance (1895–2015) and Trade Policies.png
 

Preparing to rebuild the international economic system while World War II was still raging, 730 delegates from all 44 Allied nations gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire, United States, for the United Nations Monetary and Financial Conference, also known as the Bretton Woods Conference. The delegates deliberated during 1–22 July 1944, and signed the Bretton Woods agreement on its final day. Setting up a system of rules, institutions, and procedures to regulate the international monetary system, these accords established the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which today is part of the World Bank Group. The United States, which controlled two thirds of the world's gold, insisted that the Bretton Woods system rest on both gold and the US dollar. Soviet representatives attended the conference but later declined to ratify the final agreements, charging that the institutions they had created were "branches of Wall Street".[1] These organizations became operational in 1945 after a sufficient number of countries had ratified the agreement.

On 15 August 1971, the United States unilaterally terminated convertibility of the US dollar to gold, effectively bringing the Bretton Woods system to an end and rendering the dollar a fiat currency.[2] At the same time, many fixed currencies (such as the pound sterling) also became free-floating.

jennys_mn
Veteran Advisor

Re: Should we be selling beans to these guys?


You’re trying to have it both ways.  Americans want jobs that pay the $20 an hour, but still want the $10.00 shirt.  You want to increase the tax on that $10.00 shirt, and make it $20.00.  What has a person gained, really? 

If the factories could produce a product that America wants IN AMERICA for less and better than what is available for purchase elsewhere, they’d already be here.  Fact is - we can’t.  

Although with more years of Trump killing our environmental rules, we might get closer.  And, maybe we can put kids back to work for pennies, instead of just locking them in cages.   We can reopen sweatshops manned with forced labor from criminals and illegals that we are able to catch.   

Republicans want to take money from schools - our real hope for regaining America’s edge in the world.   Your way to “tax America to death”, is not going to bring factories back here.  

China is a patient country.  It has thousands of years of history behind it.  We have a paltry 200 years, and want what we want now.  China is willing to take decades to get what it wants.  And it’s a recipe for continued success.  BA wants the 60’s back, without the hard work that it would take to get there.  

Tax the hell out of  ‘em, that’s your way BA.  Just how long, will America put up with that?  Or the rest of what it’s going to take, to get your factories back?

You think, like Trump, that the answers are so easy.   If the answers were really easy, the factories would be back here already.

Republicans can’t win an election, without lying....

Jen

rawhide
Advisor

Re: Should we be selling beans to these guys?

One of the reasons factories cant produce cheaper is because of all the regulations we have vs foreign countries.  The previous administrations (especially Big O's) caused that

BA Deere
Honored Advisor

Re: Should we be selling beans to these guys?

My argument is if a t-shirt made in the USA costs $15 today and a Chinese one costs $5.  If we want to buy the Chinese shirt fine & dandy...but the US consumer will still pay $15 with the extra $10 going to the US Treasury in tariff revenue.  That extra revenue will defray the costs of displaced US workers, maybe it will be training for different jobs other than textile and garment workers, maybe it will be subsidizing a US worker that has to make $10/hr at a Qucikee Mart.

As it is now the US income taxpayer subsidizes under-employed workers through their taxes.  US multi-national conglomerations that you Democrats USED to hate, moved to where the cheap labor and lax regulations and COST SHIFTED the social costs of displacing US workers onto the US taxpayers.  The Corporations have made out like bandits the last 30yrs on their decisions and rewards for off-shoring factories and it`s been the taxpayers picking up the tab. 

THAT is where the US...and China has gotten the glut of Billionaires and US wealth disparity.